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Friday, September 30, 2016 7:39:40 AM
Looking for Your Trading Edge
By Brett Steenbarger, Ph.D.
* September 30, 2016
Just thought I'd update this post on what it means for stocks when we see a high degree of institutional participation in the US equity market. Yesterday's reading was in the highest quartile, which has been associated with significantly above average returns over a next 10-day period. Interestingly, we also saw an elevated equity put/call ratio, also associated with favorable next 10-day returns in SPY.
Meanwhile, several of my cycle measures have been pretty toppy.
There are times when things line up and there are times when they don't line up. A useful psychological exercise is to assume that, at some point, everything will line up. What would you need to see for such a line-up to occur? Anticipating potential price paths is a first step in preparing to trade them. Being aware of when things aren't lining up is a great way to avoid overtrading.
http://traderfeed.blogspot.com/2016/09/looking-for-your-trading-edge.html
• DiscoverGold
Click on "In reply to", for Authors past commentaries
By Brett Steenbarger, Ph.D.
* September 30, 2016
Just thought I'd update this post on what it means for stocks when we see a high degree of institutional participation in the US equity market. Yesterday's reading was in the highest quartile, which has been associated with significantly above average returns over a next 10-day period. Interestingly, we also saw an elevated equity put/call ratio, also associated with favorable next 10-day returns in SPY.
Meanwhile, several of my cycle measures have been pretty toppy.
There are times when things line up and there are times when they don't line up. A useful psychological exercise is to assume that, at some point, everything will line up. What would you need to see for such a line-up to occur? Anticipating potential price paths is a first step in preparing to trade them. Being aware of when things aren't lining up is a great way to avoid overtrading.
http://traderfeed.blogspot.com/2016/09/looking-for-your-trading-edge.html
• DiscoverGold
Click on "In reply to", for Authors past commentaries
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
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